Compliance Specialist

Company:  South Dakota Trust Company LLC
Location: Sioux Falls
Closing Date: 08/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Founded in 2002, South Dakota Trust Company LLC (SDTC), a JTC Group company, provides pure trust administration services. With trust assets currently totaling USD $155 billion, SDTC works with whomever the client wishes regarding investments, insurance and custody of the trust assets, and it also administers trusts holding all types of non-financial assets globally.

South Dakota Trust Company (SDTC) has a great opportunity for a Compliance Specialist in its Sioux Falls office.

What we do:

SDTC's business is designed to accommodate the needs and desires of wealthy clients, both domestically and internationally, providing flexible, cost- effective, service-oriented trust administration in the #1 rated domestic trust jurisdiction. SDTC's core focus is to serve families' individual goals, while preserving family wealth in perpetuity.

About the position:

We are seeking an experienced Compliance Specialist to assist our Private/Public Trust Company (PTC) Services group with trust company compliance services. The successful candidate will play a crucial role in supporting our PTC clients with corporate support services, regulatory guidance, and ongoing support.

  • Prepare regulatory applications and filings for new and existing PTC clients.
  • Draft, implement, and revise written policies and procedures for various PTC clients.
  • Prepare and disseminate meeting materials, and compliance related matters.
  • Work with regulatory agencies and auditing firms on behalf of PTC clients.
  • Attend meetings with PTC clients and present compliance-related materials.

Qualifications:

  • Bachelor's Degree in a relevant field, or an equivalent combination of education and applicable experience.
  • 5+ years of relevant trust company compliance, auditing, regulatory, bank compliance, or similar experience.
  • Strong organizational, research, and analytical skills.
  • Excellent attention to detail, communication skills, writing ability, and interpersonal skills.
  • Preferred: Possession of a professional designation such as Certified Fiduciary & Investment Risk Specialist (CIFRS), Certified Anti-Money Laundering Specialist (CAMS), Certified Regulatory compliance Manager (CRCM), or similar certification, or a willingness to complete one or more of the certification processes.
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